NEW CASTLE COUNTY BOARD OF REALTORSINC

EIN: 510097548 Community Improvement

WILMINGTON, DE

Total Revenue
$1,102,131
Total Expenses
$1,061,665
Total Assets
$3,931,199
Net Assets
$3,040,203
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
DE
Principal Officer
WILLIAM E SMITH
Phone
3027624800
Tax Period
2024-01-01 to 2024-12-31

NEW CASTLE COUNTY BOARD OF REALTORSINC, founded in 1972, is a community nonprofit in the Community Improvement sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 4% surplus.

Mission

THE NEW CASTLE COUNTY BOARD OF REALTORS' (NCCBOR) MISSION IS TO PROVIDE RESOURCES TO ALL SEGMENTS OF ITS MEMBERSHIP THAT HELP THEM SUCCEED AND PROSPER IN A SUSTAINABLE ECONOMIC CLIMATE. NCCBOR: PROVIDES SERVICES, TOOLS, EDUCATION, AND PROGRAMS TO IMPROVE MEMBERS' ABILITY TO SERVE THEIR CLIENTS WITH THE HIGHEST LEVELS OF PROFESSIONALISM, INTEGRITY, AND EXPERTISE. WORKS COLLABORATIVELY TO ENSURE ITS MEMBERS ARE ABLE TO CONDUCT BUSINESS WITHIN A FRAMEWORK OF FAIR AND REASONABLE LAWS AND GOVERNMENT REGULATIONS. CREATES UNDERSTANDING AMONG THE RESIDENTS OF NEW CASTLE COUNTY AS TO THE IMPORTANT BENEFITS OF WORKING WITH A REALTOR. CREATES OPPORTUNITIES TO DEVELOP POSITIVE, PRODUCTIVE RELATIONSHIPS AMONG THE MEMBERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $937,241
Investment Income $141,452
Other Revenue $23,438
TOTAL REVENUE $1,102,131

Expense Breakdown

Grants Paid $0
Salaries & Benefits $491,274
Fundraising Expenses $0
Program Expenses $530,244
Other Expenses $570,391
TOTAL EXPENSES $1,061,665

Year-over-Year Comparison

2024 2023 Change
Revenue $1,102,131 $1,081,199 +0.0%
Expenses $1,061,665 $1,160,122 -0.1%
Net Income $40,466 $-78,923 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
19
Independent Members
19
Employees
5
Volunteers
82

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$133,450
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM E SMITH CHIEF EXECUTIVE OFFICER 40.00
Officer
$133,450 $0 $133,450
DEBORAH HARRIS PRESIDENT 1.00
Officer Director
$0 $0 $0
SCOTT FARNAN IMM. PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
DIANE SALVATORE PRESIDENT-ELECT 1.00
Officer Director
$0 $0 $0
EDDIE BARKSDALE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
CHERYL MACEY TREASURER 1.00
Officer Director
$0 $0 $0
ANDREW TAYLOR LEGAL COUNSEL 1.00
Director
$0 $0 $0
OCTAVIA SAMUELS EXEC. COMM. APPT. 1.00
Officer Director
$0 $0 $0
KEN JESTER AFFILIATE CHAIR 1.00
Director
$0 $0 $0
JENNA STAYTON AFFILIATE VICE CHAIR 1.00
Director
$0 $0 $0
JOHN W FORD PUBLIC POLICY CHAIR/REALTOR PAC CHAIR 1.00
Director
$0 $0 $0
STEPHANIE RIZZO PUBLIC MEMBER 1.00
Director
$0 $0 $0
EMILY MAAHS DIRECTOR/YPN CHAIR 1.00
Director
$0 $0 $0
STEPHEN MARCUS DIRECTOR 1.00
Director
$0 $0 $0
ASHLEY FALKOWSKI DIRECTOR 1.00
Director
$0 $0 $0
PATRICK PENNINGTON DIRECTOR 1.00
Director
$0 $0 $0
ANDREA HARRINGTON DIRECTOR 1.00
Director
$0 $0 $0
CRISTINA TLASECA DIRECTOR 1.00
Director
$0 $0 $0
DAWN WILSON DIRECTOR 1.00
Director
$0 $0 $0
DELSIA INGE DIRECTOR 1.00
Director
$0 $0 $0
KIMBERLY MOREHART DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,102,131 $1,061,665 $3,931,199 $40,466
2023 $1,081,199 $1,160,122 $3,530,445 $-78,923
2022 $1,055,313 $967,097 $3,350,978 $88,216
2021 $1,051,306 $783,173 $3,317,973 $268,133
2020 $899,130 $634,543 $3,326,603 $264,587
2019 $1,003,149 $726,203 $3,083,400 $276,946
2018 $934,223 $682,333 $2,814,647 $251,890
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